Apetit Oyj (HEL:APETIT) just released its latest second-quarter report and things are not looking great. Unfortunately, Apetit Oyj delivered a serious earnings miss. Revenues of €39m were 11% below expectations, and statutory losses ballooned 47% to €0.72 per share. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. We've gathered the most recent statutory forecasts to see whether the analyst has changed their earnings models, following these results.
Taking into account the latest results, the consensus forecast from Apetit Oyj's one analyst is for revenues of €178.0m in 2026. This reflects an okay 5.0% improvement in revenue compared to the last 12 months. The company is forecast to report a statutory loss of €0.67 in 2026, a sharp decline from a profit over the last year. Yet prior to the latest earnings, the analyst had been forecasting revenues of €182.7m and losses of €0.29 per share in 2026. So it's pretty clear the analyst has mixed opinions on Apetit Oyj after this update; revenues were downgraded and per-share losses expected to increase.
View our latest analysis for Apetit Oyj
The consensus price target fell 12% to €11.00, with the analyst clearly concerned about the company following the weaker revenue and earnings outlook.
Of course, another way to look at these forecasts is to place them into context against the industry itself. One thing stands out from these estimates, which is that Apetit Oyj is forecast to grow faster in the future than it has in the past, with revenues expected to display 10% annualised growth until the end of 2026. If achieved, this would be a much better result than the 4.6% annual decline over the past five years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 3.1% annually. Not only are Apetit Oyj's revenues expected to improve, it seems that the analyst is also expecting it to grow faster than the wider industry.
The Bottom Line
The most important thing to note is the forecast of increased losses next year, suggesting all may not be well at Apetit Oyj. Regrettably, they also downgraded their revenue estimates, but the latest forecasts still imply the business will grow faster than the wider industry. The consensus price target fell measurably, with the analyst seemingly not reassured by the latest results, leading to a lower estimate of Apetit Oyj's future valuation.
Following on from that line of thought, we think that the long-term prospects of the business are much more relevant than next year's earnings. We have analyst estimates for Apetit Oyj going out as far as 2028, and you can see them free on our platform here.
Before you take the next step you should know about the 4 warning signs for Apetit Oyj (1 is concerning!) that we have uncovered.
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